Being a privately owned business or an administration deductor you would dependably be required to import and match your TDS challan subtleties at the season of documenting of quarterly TDS or TCS returns. You can do likewise by making TRACES login to your record.
While logging in pursue this procedure:
- Snap on Statements or installments choice
- Select challan status in the drop down
- Presently you have two choices to check the subtleties
- Choice 1: Enter the period for which you need to see the challans and
- Select the challan status to be seen for example guaranteed or unclaimed or all
- Choice 2: Enter BSR code, date of store, Challan sequential Number and sum.
- On the other hand, you can see “Challan utilization subtleties” table.
What is the importance of Challan?
Challans are the endorsed structures utilized for making charge installments. Diverse challans have been recommended relying on the idea of assessment installments. For eg
- Challan 280 is for installment of salary charge (advance duty, self-appraisal charge and so forth)
- Challan 281 is for making installment of TDS or TCS
- Structure 26QB is for making charge installment for TDS deducted on the closeout of property and so forth
Can challan be submitted online?
For making installment of duties an endorsed report known as challan should be filled. It is accessible at
- Pay charge office
- On the web
Also, the installment can be made either
For making the online installment one needs net saving money or check cards of the approved banks.
You can present the printed versions of challan together with the sum payable at physical bank counters.
Which things are required to be considered while making the Challan installment?
Following things ought to be dealt with while topping off the challan, for example,
- Determination of right head of assessment installment
- Safety measure while choosing the method of installment
- Appropriate consideration at the time fo entering the sum
- Nature of installment chose ought to be cross-checked
- Evaluation year ought to be effectively chosen
- Container and TAN subtleties of deductor ought to be entered accurately
What is the procedure to see challan status on TRACES?
To see the challan on TRACES you have to
- Login your record
- Go to Statements or Payments Menu
- Snap on Challan Status
- Enter Challan details
The outcomes will show up. Likewise, any unused equalization accessible will be appeared against the challan subtleties it has a place with.
What is the contrast among Claimed and Unclaimed under challan status?
Asserted: A sum in challan which has been appeared in TDS return by the expense filer and is effectively coordinated with the bank installment subtleties is known as guaranteed.
Unclaimed: Any bank installments which have not yet been asserted in the arrival are known as unclaimed challan.
What does “Challan Consumption Details” table mean?
It is a table appearing different exchange when a particular challan was guaranteed/devoured. The accompanying data can be extricated from this table of challan utilization
|Challan Consumption Table||Status of Challan|
|Amount Claimed = Challan Balance available||Fully Consumed|
|Amount Claimed < Challan Balance available||Partially Consumed|
|Amount Claimed = 0||Matched|
|Amount Claimed > Challan Balance available||Over Booked|
What does Challan Status Query for Statements mean?
By giving the
- Money related Year
- Quarter and
- Structure Type
Deductor can see points of interest of all the challans that have been utilized in the TDS return/explanation for the period.
I have chosen wrong segment while making the TDS challan Payment. Is there a need to contact Assessing officer?
No correspondence to Jurisdictional Assessing Officer is required to be presented in defense of wrong determination of area code by the expense contributor. The CPC-TDS considers the idea of installment based on TDS returns and not based on challan specifics.
Regardless of whether you so wish to change the subtleties of challan it is recommended to document a revision articulation through OLTAS.
Could a solitary challan be petitioned for various TDS installments?
Truly, a solitary challan can be petitioned for TDS installments to be made under various segment codes. The idea of installment in a challan can have numerous determinations.
While submitting challan for TDS which subhead will be chosen?
At the season of topping off challan for installment of TDS for example challan number 281 select Minor head – 400.
How deductee column can be moved starting with one challan then onto the next?
A deductee line can be moved from one challan to other inside a quarter if, the parity is accessible. On the off chance that the challan isn’t accessible in a similar quarter or return, changes in appreciation of the equivalent are first required to be finished. After that deductee lines can be moved from one challan for example overbooked challan to another challan.
Meaning by OLTAS?
OLTAS or Online Tax Accounting System is the activity of the Income Tax Department. It was for the most part done to track charges paid through the transferring of challan subtleties.
How might I check the approved Banks on OLTAS?
To check the rundown of approved banks you are required to initially visit www.Tin-nsdl.com. Presently under the administrations tab select OLTAS. Further, select the symbol of bank offices. A page will open up snap on the state and select the area for which you need to check accessible bank offices. A rundown of every single approved bank in the locale will open up.
Will I get some receipt on submitting challan to the bank?
The approved bank will put stamp as a token of affirmation of the expense sum on challan. You should take two duplicates of the printed challan and persuade both recognized to be protected for future reference. The elastic stamp attached demonstrates exceptional CIN. CIN is a 20 digit number. It involves
- 7 digits of BSR code
- Date of store and
- 5 digits of challan sequential number
CIN is extraordinary through the nation and thus is utilized for recognizable proof reasons for the challan.